Agência Brasil Brasilia – Brazil and the International Monetary Fund (IMF) have reached a US$14 billion agreement which will run until 2007. According to minister of Finance, the deal is for Brazil to take the 5th and final tranche of the September 2002 agreement, worth US$8 billion, which could be withdrawn by the end of this
Browsing: Economy
Agência Brasil Brasília – The first deputy managing director of the International Monetary Fund, Anne Krueger, arrives in Brazil today for talks on a new agreement. Yesterday the Ministry of Finance released a note officially announcing that a new agreement would be made, but without going into any details about it. According to the note,
In the Sobeet evaluation, Brazil has conditions to receive more resources from the Middle East and North Africa, if looked for, especially between the large oil producers, such as Saudi Arabia and the United Arab Emirates.
Agência Brasil Brasília – Here is a breakdown on the way Brazilians use credit, as reported in a survey by the Credicard group. Credit operations available to the consumer are credit cards, personal loans, special checking accounts and mortgages. All told, up to August of this year, credit operations totalled R$431.6 billion, compared to R$595.8
Agência Brasil Brasília – During his visit to Mozambique this week, president Luiz Inacio Lula da Silva will sign a protocol for the construction of a generic pharmaceutical laboratory that will manufacture AIDS drugs. The factory will be built in Maputo and will reinforce Brazilian healthcare assistance in Africa. At the moment, it is common
According to Mário Mugnaini Jr., executive secretary of the Foreign Trade Board (Camex), it will be necessary to pay great attention to the new legislation so it does not harm Brazilian product export. To him, some companies, especially the small ones, will not be able to bear the cost of an agent in the United States, one of the new demands.
Agência Brasil Brasília – The non-financial public sector had a surplus of R$ 7.8 billion in September, bringing the cumulative surplus for the year to R$57.1 billion, or the equivalent of 5.08% of GDP. The target set with the International Monetary Fund was R$ 54.2 billion. The federal government (INSS [social security] and the Central
Company Damazônia, which produces chocolate in packages depicting local culture, is present in various Brazilian states, and intends to grow through export.
Company Damazônia, which produces chocolate in packages depicting local culture, is present in various Brazilian states, and intends to grow through export.
